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Trump team puts EV tax credit on block, Tesla is on board
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Rivian, Lucid, and Tesla stocks fall as Trump plans to kill the EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
Trump Plans to Kill EV Tax Credit, Reuters Reports
Shares of electric vehicle startup Rivian extended their losses to over 10% Thursday on a Reuters report that President-elect Donald Trump's transition team plans to kill the $7,500 consumer tax credit for EV purchases.
Tesla, Trump
What Trump's Presidency Could Mean for Tesla and Other Electric Vehicle Makers
The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice economic growth and loosen regulations. Electric vehicle makers, however, face a hazier outlook than most other businesses.
Honda's New Electric Vehicle Is Quietly Creeping Up on Tesla
It took only a few months for sales of the Prologue to pass most of the electron-powered cars in the US as loyal Honda owners go electric.
Elon Musk’s side hustle with Trump is already paying off for Tesla
Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader.
1d
on MSN
Drivers are being 'ill-served by underwhelming EVs,' says boss of Tesla rival Lucid
Lucid CEO Peter Rawlinson told the Cars and Culture podcast that the problem with EVs in the US was "not perception, but ...
1d
Fiery Tesla Crash Traps And Kills Four After Electric Doors Couldn’t Open
Five people were trapped inside a Tesla Model Y after it crashed and burst into flames, just one person escaped after onlookers smashed a window ...
The Sun
2d
Four friends burn to death trapped in Tesla ‘after car’s electric doors failed to open in horror crash’
Its website boasts: "Each one combines powerful onboard technology with an all-
electric
design to help ... we make – from ...
5h
on MSN
China's Xiaomi Just Smashed Another Tesla Record
Plus, China's CATL would build a U.S. plant (if allowed) and Stellantis bets big on synthetic graphite. If building cars were ...
2d
Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says
Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more likely if Elon Musk exerts ...
Opinion
PC Magazine
5d
Opinion
Why Electric Cars Won't Tank Under Trump
You may think the new administration is a death sentence for EVs, but the bromance with Tesla CEO Elon Musk and an influx of ...
13h
on MSN
Best family electric cars 2024: practical seven seater EVs tested
From Kia and Volvo, to Tesla and Peugeot, these are our favourite practical EVs with space for all the family.
TopSpeed
3d
Here’s How Much A Tesla Model 3 Depreciates After 3 Years
A
Tesla
Model 3 loses 39.1 percent of its value in three years, but compared to other
electric
compact
cars
in the ...
Hosted on MSN
7h
Tesla forced to recall 172 vehicles daily amid ‘durability and safety’ concerns for popular model
The
electric
vehicle maker's flagship pickup truck ... the situation might prove similar to the broader reputation of ...
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